000 01408nab a2200265 c 4500
999 _c144095
_d144095
003 ES-MaIEF
005 20210520095540.0
007 ta
008 210519t2021 gw ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _968937
_aKomlos, John
245 0 _aCovert racism in economics
_c John Komlos
260 _c2021
500 _aResumen.
500 _aApéndice.
504 _aBibliografĂ­a.
520 _aMainstream economic theory is replete with assumptions that feed into structural or systemic racism, because it supports an economic system that severely disadvantages people at the lower end of the socio-economic spectrum, which in the U.S. includes a disproportionate number of Hispanics, indigenous people, and descendants of slaves. The paper discusses 15 such assumptions that are generally trivialized, including the crucial role information costs play in decision making. In turn, costly information implies that its acquisition by poor people requires a greater share of their income, making it more difficult for them to make well-informed decisions.
650 4 _948552
_aTEORIA ECONOMICA
650 4 _948066
_aPOLITICA ECONOMICA
650 4 _948190
_aRACISMO
650 4 _948038
_aPOBREZA
650 4 _933508
_aESTADOS UNIDOS
773 0 _9164894
_oOP 207/2021/1
_tFinanzArchiv
_w(IEF)21244
_x 0015-2218
_gv. 77, n. 1, March 2021, p. 83-115
942 _cART